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NASDAQ:FAARFirst Trust Alternative Absolute Return Strategy ETF Stock Price, Forecast & News

$26.40
+0.07 (+0.27 %)
(As of 07/9/2020 04:00 PM ET)
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Today's Range
$26.24
Now: $26.40
$26.57
50-Day Range
$25.53
MA: $26.13
$28.31
52-Week Range
$19.04
Now: $26.40
$28.31
Volume7,800 shs
Average Volume14,945 shs
Market Capitalization$39.60 million
P/E RatioN/A
Dividend Yield1.04%
BetaN/A


Basic Details

Issuer First Trust
Fund NameFirst Trust Alternative Absolute Return Strategy ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:FAAR
Inception Date5/18/2016
Fund ManagerJohn Gambla, Rob A. Guttschow, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin
WebN/A
PhoneN/A

Fund Focus

Asset ClassCommodities
BenchmarkNot Applicable
CategoryAbsolute Returns
FocusLong/Short
Development LevelBlended Development
RegionGlobal

Fund Statistics

Assets Under Management$41.13 million
Average Daily Volume$39,811.90
Discount/Premium-0.05%

ETF Expenses

Management Fee0.95%
Other Expenses0.00%
Total Expenses0.95%
Fee Waiver0.00%
Net Expenses0.95%

Administrator, Advisor and Custodian

AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Transfer AgentBrown Brothers Harriman & Co.
Trustee
Lead Market MakerJane Street

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First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Frequently Asked Questions

How has First Trust Alternative Absolute Return Strategy ETF's stock been impacted by COVID-19 (Coronavirus)?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $25.35 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FAAR stock has increased by 4.1% and is now trading at $26.40. View which stocks have been most impacted by Coronavirus.

How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Friday, June 26th will be given a dividend of $0.009 per share on Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.14%. The ex-dividend date is Thursday, June 25th. View First Trust Alternative Absolute Return Strategy ETF's dividend history.

Has First Trust Alternative Absolute Return Strategy ETF been receiving favorable news coverage?

Press coverage about FAAR stock has been trending negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. First Trust Alternative Absolute Return Strategy ETF earned a news impact score of -2.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about First Trust Alternative Absolute Return Strategy ETF.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

What is First Trust Alternative Absolute Return Strategy ETF's stock symbol?

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (22.41%).

Which major investors are buying First Trust Alternative Absolute Return Strategy ETF stock?

FAAR stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc..

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First Trust Alternative Absolute Return Strategy ETF's stock price today?

One share of FAAR stock can currently be purchased for approximately $26.40.

How big of a company is First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF has a market capitalization of $39.60 million.

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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